HK Tech Venture (01137): Hong Kong E-commerce Business Records HK$675 Million in July GMV, Down 3.6% Year-over-Year

Stock News

08/15

HK Tech Venture (01137) announced that its Hong Kong e-commerce business maintained stable performance in July 2025 compared to June 2025. The average daily gross merchandise value (GMV) remained at HK$21.8 million for both July and June 2025, resulting in total monthly GMV of HK$675 million for July 2025 (June 2025: HK$653 million), reflecting the continued resilience of local consumer engagement with the group's Hong Kong e-commerce business.

However, compared to the same period last year, July 2025's average daily GMV and monthly GMV declined by 3.5% and 3.6% respectively, reflecting the ongoing impact of outbound travel pressure on Hong Kong's overall retail market performance.

The number of independent customers increased by 0.7% from June 2025 to 605,000 customers (June 2025: 601,000 customers), but decreased by 1.6% compared to 615,000 customers in July 2024, similarly reflecting the persistent annual outbound travel pressure.

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